What I liked most about Square Rigger is that its not trying to be something its not---it's an incredibly affordable gem considering the extraordinary attention to cleanliness (like the bathroom grouting is still sparkling white), location (safe sidewalk access + short 5-min walk to downtown Bailey's Harbor), and views (won't bother attaching a cell phone photo, but you have private beach access and incredible lake views to wake up to).
This is a simple, wonderful spot. More than what we needed considering we wanted to be exploring all day and dining out every night. There isn't much space for meal prep, but shoot, you will save more than enough money staying here to afford a bougie dinner out!
Only side note: think quiet older crowd---neither kiddos, pets (if allowed) nor last-call-chasing folks will make great guests.